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We have just released Part 1 of our annual EMEA core banking deal review for 2009. The results are not surprising, it was not an easy year for vendors to get banks to sign on the doted line. However, what is clear from this year's results is that the EMEA marketplace for traditional core banking systems has changed. The previous trend for more packaged and complete banking systems and capabilities appropriate for tiers 1 and 4 institutions has reversed in favor of a more modular and component-based replacem


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On Monday, June 21, House and Senate conferees working on the financial regulatory reform bill announced a series of changes to the debit interchange provisions passed by the Senate (also known as the "Durbin Amendment".  Ten days ago, I posted my thoughts on why these changes are unlikely to result in any actual change to debit card interchange rates, contrary to the assumptions cited in this Washington Post article on the matter.  Do I need to rethink my position?  Is the new bill better or


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Business analytics (BA) is typically implemented to gain insights into and reveal patterns about consumers' behavior. It utilizes statistical technologies such as data mining, clustering and regression modeling to discover relationships in data that can determine the probable outcome of future events and allow for users to take preemptive actions if necessary. Often, such analytics are able to make predictions that are otherwise not apparent or too complex to be identified using core analytics software. Int


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AT&T's recent announcement that they will no longer offer an unlimited data plan for new customers of smartphones, including the pending new iPhone, may in fact be the beginning of a fundamental pricing model change across numerous industries. Financial service firms may possibly be front and center to adopt similar pricing models.  How can AT&T's announcement help financial institutions capture more value-based rather than punitive non-interest income? Simple, we have to get used to paying for


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Today's American Banker has an article, "Senate Holds Reg Reform Conference's Upper Hand," (subscription required) in which Representative Barney Frank (D-Mass) is quoted as saying that "You have 64 senators voting for [the Durbin Amendment], it's unrealistic to think that it is going to go away."  Are those four horsemen I see coming over Capitol Hill?


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MasterCard Opens Up Its Payment APIs

By Aaron McPherson

On May 25, 2010, MasterCard announced that it would be opening up its payments technologies to developers via open APIs (Application Programming Interfaces).  This echoes similar initiatives by PayPal and Amazon.  Left unclear, however, is exactly what this means. Unlike PayPal, whose X development platform is the most appropriate comparison, MasterCard does not operate its own payment system, instead relying on financial institutions and other third parties (like, ironically, PayPal) to provide t


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Retail online brokers are continually working to improve their trading client's online experience. There are always new and interesting technologies that brokers embed in their websites with the goal of driving more traffic to the site, make it more sticky or motivate you to consolidate financial activity on it.  A new tool from Zecco takes the opposite approach. Rather than trying to funnel you into Zecco's site, the tool allows you to trade without ever going to it.


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  • 50 to 60 Billion Dig…
    Michael Versace says:
    This just popped up again.  Am interested in updating this forecast.  Would anyone be interested to renewing the model?
    2 months ago
  • 50 to 60 Billion Dig…
    Michael says:
    25% and we're there, mark of the beast. Finally! 
    2 months ago

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